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@DanaB27

 

Thank you for the quick response!!

 

Why is it telling me that I will have to pay penalties on my Roth contribution now?

I think that's the part that I am most concerned about

 

I also think I misspoke about my contribution last year - there was no recharacterization:

- first i put the money (12k) directly into a traditional IRA (which had zero balance)

- then i converted to Roth

 

will i still have to amend my 2020 return?